Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (71223)	10/9/2006 7:33:23 PM
From: RetiredNow	Read Replies (2) \| Respond to of 77400

Hi RealMuLan, I think you made a jump in logic that wasn't quite justified. You think we are headed into a global recession and you think this because economies are cyclical. I would agree with you that there is a possibility that a large economy will go into recession sometime soon. However, I would not agree that we are going to see a global synchronous recession. We now have several very large economies that are the engines of worldwide growth. The US is not the only one. Germany recently did very well. India and China are growing gangbusters. All the oil magnate economies are growing gangbusters. The US is slowing, but I doubt we go into recession. We'll just slow until the next cycle and then we'll grow faster. Our Fed has engineered a soft landing, or at least I believe so. The only thing I can think of that can bring on a global synchronized recession would be war with North Korea and the Chinese taking the North Korean side. Another scenario is a nuclear bomb going off in the US. Barring those things, the probability is very low of a synchronous global recession. JMHO.